Part 11/16:
A fascinating chart contrasts recent market performance with historic events from 1931, 1969, and 2022—periods marked by currency devaluations and shifts away from gold standards. In each case, stocks and bonds experienced declines, prompting currency revaluation or standard shifts. The current environment echoes these historic moments, implying that significant monetary reform or devaluation could be on the horizon.
Wall Street’s liquidity concerns surfaced publicly on October 12th, and the Federal Reserve’s potential policy adjustments signal that the financial landscape is under stress. Despite high deficits, governments continue borrowing heavily—a pattern reminiscent of previous crises and suggesting that “QE to infinity” remains the assumed default.